City
Epaper

Taliban restricts bank withdrawals to $200 per week

By IANS | Updated: August 29, 2021 13:25 IST

Kabul, Aug 29 The Taliban have imposed limits on bank withdrawals in Afghanistan, a media report said on ...

Open in App

Kabul, Aug 29 The Taliban have imposed limits on bank withdrawals in Afghanistan, a media report said on Sunday.

In an official directive, the central bank of Afghanistan, De Afghanistan Bank, has ordered all private and international banks to limit withdrawal to their individual customers to $200 which equals AFS2,000 per week, said the Khaama News report.

The directive reads that the decision is made after financial difficulties arose in Afghanistan and will be temporary.

The decision comes hours after hundreds of people took to the streets of Kabul and protested against the closure of banks.

De Afghanistan Bank has also instructed all the private banks in Afghanistan to resume their operations based on the principles and laws of the central bank.

"The owners of all companies related and individual accounts are allowed to transfer money electronically," reads the directive.

It comes as there is no banking serviced available ever since the Taliban entered Kabul on August 15.

People have been facing severe problems, employers are not able to pay salaries and employees have run out of money which will cause a crisis if not resolved.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: De afghanistan bankAfghanistanKabulTalibanAfgTalibansTaliban movementAfghanistan talibanProminent taliban
Open in App

Related Stories

InternationalUS State Department Announces Permanent Closure of Peshawar Consulate in Pakistan

InternationalPakistan-Afghanistan Conflict: Pakistani Fighter Jet Crashes in Jalalabad, Pilot Captured

CricketAfghanistan T20 World Cup Staff Suffers Heart Attack in New Delhi

InternationalWhite House Shooting: Suspect Rahmanullah Lakanwal Worked With Amazon and US Military, Say Reports

CricketZimbabwe Clinch First Home Test Victory Since 2013 With Dominant Win Over Afghanistan

International Realted Stories

InternationalTrump eyes Iran oil as war spoils​

InternationalUS touts military dominance after Iran rescue​

InternationalHormuz priority as US warns Iran on oil route​

InternationalCIA deception key to Iran rescue mission

InternationalTrump defends risky Iran rescue amid dissent